50.The Ranger Corporation data for the current year and prior year is as follows Account Current assets A/R Mdse. inventory Current liabilities Longminus-term liabilities Common stock (5,000 shares) Retained earnings Net sales revenue COGS Gross Profit Selling/General expenses Net income before taxes Income tax expense Net Income Current ycar $51,240 $73,800 $67,500 $45,400 $22,600 Prior year $42,000 $60,000 $50,000 $30,000 $28,000 $41,000 $35,000 $59,000 $500,000 $400,000 $83,540 $595,000 $480,000 $115,000 $44,000 $71,000 $16,500 $54,500 $100,000 $50,000 $50,000 $15,000 $35,000 What wouid a horizontai analysis report with respect to iongrbage-term liabilities show? A. The current ratio is 4.24%. B.The debt ratio is 35.32%. C. Long-term liabilities increased by 51.33% D. Long-term liabilities decreased by $5,400